Beatriz Toledo, the owner of Immigration and Tax Service Group, pleaded guilty to aiding and assisting in the preparation of false tax returns, and was sentenced to almost five years in federal prison ...

Tax avoidance involves using laws to minimize tax liability, while fraud involves illegal activities to evade paying.

The royal treatment; tit for tat; false certifications; and other highlights of recent tax cases.

First, a brief review of the rules governing assessments. For example, U.S taxpayers are responsible for filing annually ...

There's a lot of information (and money) on the table during tax season. That also makes it a prime time for scams.

Cerritos, California: Customs broker Frank Seung Noah, of Corona, California, has pleaded guilty to defrauding importers out of more than $5 million, including after he had been indicted on fraud ...

Whistleblowers who alert the authorities to massive tax fraud could receive millions of pounds as a reward, it can be revealed. For the first time, informants will get compensation relative to the ...

As recently as 2023, about $5.5 billion was lost to tax-fraud schemes, according to IRS data cited by J.P. Morgan. That figure could balloon much higher amid a surge in AI-driven tax scams.

Beatriz Toledo, 61, was sentenced Friday after pleading guilty to aiding and assisting in the preparation of false tax returns.

Another example is claiming false deductions or inflating expenses to reduce taxable income, which can lead to significant underpayment of taxes owed. Other forms of tax fraud include tax shelters ...